Simpson Thacher Acted as Sole International Counsel in US$400 Million Notes Offering by KT Corporation
07.20.16
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Simpson Thacher acted as sole international counsel in connection with the offering of US$400 million 2.5% Notes due 2026 by KT Corporation. The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.
KT Corporation is the leading telecommunications service provider in Korea. BNP Paribas, Citigroup Global Markets Inc., Merrill Lynch International and Nomura International plc were joint bookrunners for the offering.
The Simpson Thacher team included Youngjin Sohn, John Hahn and Yuri Bak (Corporate); Michael Badain (Tax); and Eric Wolf (ERISA).